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Senior Associate

London Stock Exchange Group
New York, USA
Closing date
May 16, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Based in the New York office and reporting into the Collateral Operations Senior Manager, the candidate will be responsible for a broad range of responsibilities across multiple services.

Specific tasks include working with members and clients on various inquiries, Margin Call Management, Trade Support and Reconciliations, Incident Management, Service Reviews and MIS Production, Change and Procedural Management, support Risk Operations, and various projects!

Key to success in the role requires a very focused, organized individual who can manage multiple requests and projects at the same time. Strong analytical and communication skills with a

a curiosity to explore / challenge the status quo while remaining a strong advocate of the positive culture. Strong working understanding of Collateral Operations & Cash Management, Member Margin, SWIFT, and Microsoft Office Suite [Excel, PowerPoint, and Word].

Key Responsibilities
  • To action the timely collection of margin payments and receipts, raising late payments and issues with cash-flow as per procedures
  • Oversight and monitoring of intra-day cash flow
  • Investigation of delayed calls or cash breaks
  • Cover distribution process to compare liabilities to assets lodged with the clearing house
  • Monitor and manage the instruction and settlement of securities
  • Take a lead on settlement issues and resolve accordingly
  • Ensure funding requirements are met and concentration Limits are not breached
  • Ensure awareness of the department's business continuity policy, processes, and guidelines
  • Work with other departments/divisions to resolve inconsistencies and shared member issues
  • Demonstrate awareness of Service Level Agreements/Rules/Regulations and Procedures
  • To ensure that incidents are reported accurately and in a timely fashion, having regard for the requirements of readers of the reports, particularly in relation to understanding and relevance
  • Ensure that intraday and end of day prices are verified and authorized for markets covered by the US office
  • Provide product and workflow assistance to members and respond to client queries
  • Promote best practices and compliance based on the rules and regulations as prescribed by various regulators and internal governance
  • Ensure that deliverables are met, and issues reported to line Manager
  • Support sales team when subject matter expertise is required
Candidate Profile / Key Skills
  • Sound understanding of Collateral Operations and Cash and Liquidity Management
  • Manage multiple requests efficiently and effectively
  • Work in a fast-paced global team
  • Excellent written, oral, and analytical skills [prior BA experience preferred]
  • Strong negotiation and problem-solving skills
  • Intermediate to advanced Excel skills [VBA preferred]

Compensation/Benefits Information ( New York applicants only ):

LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $93,800 - $174,400.

Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/"bonus plan"). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG's Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership , Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject .

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

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